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mvillekid20 mvillekid20
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6 years ago
Carr Corp sells VCRs and videotapes to the public. Carr sold and delivered a VCR to Sutter on credit. Sutter executed and delivered to Carr a promissory note for the purchase price and a security agreement covering the VCR. Sutter purchased the VCR for personal use. Carr did not file a financing statement. Is Carr's security interest perfected?
 a. No, because the VCR was a consumer good.
  b. No, because Carr failed to file a financing statement.
  c. Yes, because Carr retained ownership of the VCR.
  d. Yes, because it was perfected at the time of attachment.
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ccoppccopp
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6 years ago
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mvillekid20 Author
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this is exactly what I needed
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Good timing, thanks!
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